Advanced Emissions Solutions Inc

NASDAQ:ADES  
3.07
-0.05 (-1.60%)
Mergers / Acquisitions

Advanced Emissions Solutions Announces Merger With Arq

Published: 08/19/2022 21:15 GMT
Advanced Emissions Solutions Inc (ADES) - Advanced Emissions Solutions Announces Merger With Arq Limited.
Advanced Emissions Solutions Inc - Ades Shareholders May Elect to Receive Up to an Aggregate of $10.0 Million of Cash Proceeds in Merger.
Advanced Emissions Solutions Inc - Combined Company Projected to Generate Annual Revenue of $196 Million and Annual EBITDA of $61 Million by 2026.
Advanced Emissions Solutions- to Continue to Operate As Public Co, With Its Shares Listed on Nasdaq Global Market Under Its Existing Ticker Symbol.
Advanced Emissions Solutions Inc - Ades Shareholders Will Retain at Least 47.4% of Outstanding Shares of Combined Company.
Advanced Emissions Solutions Inc - Will Continue to Operate As a Public Company, With Its Shares Listed on Nasdaq Global Market.
Advanced Emissions Solutions Inc - As Part of Completion of Merger, Intends to Increase Number of Its Authorized Shares of Common Stock to 125 Million.